280,128 Shares in Fidelity National Information Services, Inc. $FIS Bought by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp bought a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 280,128 shares of the information technology services provider’s stock, valued at approximately $10,891,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in Fidelity National Information Services in the second quarter valued at approximately $1,730,200,000. Norges Bank bought a new position in shares of Fidelity National Information Services in the 4th quarter worth $495,956,000. OP Asset Management Ltd purchased a new stake in shares of Fidelity National Information Services during the 1st quarter valued at $2,509,000. South Dakota Investment Council lifted its holdings in shares of Fidelity National Information Services by 46.2% during the 1st quarter. South Dakota Investment Council now owns 228,021 shares of the information technology services provider’s stock worth $10,696,000 after acquiring an additional 72,040 shares during the last quarter. Finally, Brighton Jones LLC bought a new position in Fidelity National Information Services in the fourth quarter valued at $347,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Up 0.2%

Shares of NYSE FIS opened at $41.42 on Tuesday. The firm’s fifty day moving average is $41.47 and its 200 day moving average is $44.65. Fidelity National Information Services, Inc. has a 52 week low of $37.42 and a 52 week high of $71.67. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. The company has a market cap of $21.41 billion, a price-to-earnings ratio of 6.36, a PEG ratio of 0.42 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter last year, the firm earned $1.36 EPS. The company’s revenue was up 29.1% on a year-over-year basis. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. On average, equities research analysts expect that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.2%. Fidelity National Information Services’s dividend payout ratio is presently 27.04%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Barclays cut their price objective on Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Fidelity National Information Services from $55.00 to $50.00 in a research report on Monday, May 11th. Wells Fargo & Company lowered their price objective on shares of Fidelity National Information Services from $67.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday, August 5th. Cantor Fitzgerald reduced their target price on shares of Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Finally, The Goldman Sachs Group decreased their target price on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $55.39.

Fidelity National Information Services Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.